diff --git a/Makefile b/Makefile
index d679b90..75d2f67 100644
--- a/Makefile
+++ b/Makefile
@@ -9,6 +9,7 @@ COVERSIZE=`cat COVERSIZE`
 BASEURL=`cat BASEURL`
 
 generated/%.embed.pdf: static/%.rst
+	mkdir -p generated
 	pandoc $^ -o $@ -H templates/preamble.tex
 
 generated/%.pdf: generated/%.embed.pdf